Who we are
C-Risk is experienced in risk management and construction wrap-up insurance programs
C-Risk is a consulting company created by David Grenier to provide risk management advisory and consulting services to the construction industry. Unlike other risk management consultants that are extensions of insurance brokerages, or risk management consultants that are directly affiliated with these brokers, C-Risk is an independent risk management consultant. David established C-Risk to be an objective and unbiased advisor to public and private sector clients who are involved with capital construction projects.
Before starting C-Risk, David worked in construction project management for several ENR Top engineering & construction companies. After completing his MBA degree at The University of Chicago, David entered the insurance industry as an underwriter working on large construction contractor accounts. He later managed underwriting teams to develop programs, products and services focused on the construction industry, where he concentrated on design-build project delivery programs and construction wrap-up insurance programs, both owner controlled insurance programs (OCIPs) and contractor controlled insurance programs (CCIPs).
David served as a Risk Manager and Director of Risk Management for public transit agencies and formed risk management consulting practices for private companies. He designed and implemented wrap-up insurance programs on a variety of construction transportation infrastructure projects. David has dedicated most of his professional career as a construction risk management strategist who has demonstrated his proficiency formulating innovative risk management solutions using risk-transfer and risk financing methodologies on engineering & construction projects to maximize project cost savings and minimize the total cost of risk.
David applied his construction management knowledge and MBA in finance with his practical experience on construction projects to gain national recognition as a subject-matter expert in the structuring and implementation of wrap-up insurance programs. Predominantly with structuring owner controlled insurance programs (OCIPs). David provides practical risk management strategies and insights to resolve complex risk transfer issues on challenging projects. David established C-Risk on the premise that there is a better alternative for project owners to obtain objective risk management insight and unbiased insurance & management advice without any conflict of interest, which is sometimes the case when project owners engage some insurance brokers. The philosophy that David has adopted for C-Risk is based on three core values:
- Expert by Experience
- Powered by Knowledge
- Guided by Principle
C-Risk does not subscribe to the conventional wisdom of “that’s how it’s always been done” that is used by many insurance brokers, and some perochial risk management consultants. That’s because C-Risk has the insight to focus on construction risk through a different and well calibrated lens. We are construction, insurance and risk management professionals who are cognizant of the many risks associated with construction and the critical importance of stringently assessing these unique types of risks using our practical experience and knowledge, which magnifies our vision. C-Risk is compelled to provide effective strategies to address the complex risk management challenges inherent on large-scale capital construction projects and with successfully structuring, implementing, and managing wrap-up insurance programs.